| A | B |
|---|
| bear market | when the market goes down |
| stockbroker | person who sells stock |
| dividend | profit or percentage from the company |
| stock exchange | a lace where stocks are bought and sold |
| SEC | Securites and Exchange commission |
| bull market | when stock and buisness go up |
| panic | wild selling |
| stock | shares in a company |
| margin | pay a percentage of the purchase prise and then borrow the rest of the mney from the stockbroker |
| stock market | buisness of buying and selling stocks |
| Scarcity | The inability to satisfy all wants at the same time. All resources are limited . This requires that choeces be made. |
| Resources | are factors of production that are used in teh production of goods and services |
| Choice | the selecting an item or action from a set of possible alternatives |
| Opportunity cost | is what is given up when a choice is made - the highest valued alternative forgone |
| Price | is the amount of money exchanged for a good or service |
| Inventives | are things that incite or motivate. |
| Suppoly and demand | The interaction of these determines price. Demand is the amount of a good that consumeers are willing and able to buy at a certain price. Supply is the amount of a good or service that the producers are able to seell at a certain pr |
| Production | is the combination of human natural capital and enterpreneruship resources to mmake goods or provide services |
| Consumption | is the using goods and services |
